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Australian landlords take record debt as rental yields fall

Home prices in major Australian cities rose 8.5 per cent in the year to November, climbing 13 per cent in Sydney and 8.3 per cent in Melbourne, the most among all major Australian cities.


INVESTORS are pouring into Australian real estate and dominating the market like never before, spurred by low borrowing costs and rising prices. Home loans to landlords now account for more than half of all mortgages, the highest share on record.

The Reserve Bank of